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Why is exponential growth a problem?
It need not be. If the value of my assets showed exponential growth, I would certainly not see that as a problem!
Different types of functions in maths?
Piecewise, linear, exponential, quadratic, Onto, cubic, polynomial and absolute value.
What is exponential growth?
Exponential Growth is when the growth rate of a mathematical function is proportional to the function's current value. Exponential growth is when an animal or whatever object increasing at an increasing rate. For example 2, 4, 8, 16, 32, 64 etc. This is exponential growth because it is multiple by a consistent number, or two. The key part is that is it multipled not added which would be lineal growth.
Differentiate a logistic growth pattern from an exponential growth pattern?
Exponential functions increase for all values of x, Logistic growth patterns appear to increase exponentially however they eventually platou out on a maximum y value
Is it an exponential function if you add 5 to the x value each time?
No. When a value grows exponentially the x value is either multiplied or divided. If you add five, then it grow at a common difference, not a common ratio.
